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EU moves to bar 'green' labels for fossil fuel investments
Brussels, Belgium (AFP) Nov 20, 2025 The European Commission said Thursday it wants to exclude companies involved in fossil fuels from financial products marketed as "sustainable" in the EU, a step long demanded by environmental groups and experts. The move is part of EU proposals to revise the bloc's Sustainable Finance Disclosure Regulation (SFDR), introduced in 2021 to steer savers toward greener investments through a classification system for funds. NGOs and experts had urged the EU executive in late September to overhaul what ... read more |
COP-and-trade? Tariffs, carbon tax weigh on climate talksBelem, Brazil (AFP) Nov 18, 2025 In Belem, the Brazilian city hosting COP30, it's hard to miss the BYD Dolphin Mini - the Chinese hatchback that's dominating the local electric vehicle market, even as the company races to catch up in Europe and is absent in North America. ... more
South Korea pledges to phase out coal plants at COP30Seoul (AFP) Nov 17, 2025 South Korea pledged Monday to phase out coal power plants that lack emission-reducing measures, an ambitious step for a country that generates a third of its electricity from the fossil fuel. ... more
Fight over fossil fuels drawdown looms at UN climate summitBelem, Brazil (AFP) Nov 13, 2025 Two years after nations agreed to transition away from fossil fuels, dozens are pushing to go even further at the COP30 climate summit, setting up a showdown with oil powers. ... more
Earth cannot 'sustain' intensive fossil fuel use, Lula tells COP30Belem, Brazil (AFP) Nov 7, 2025 Brazil's President Luiz Inacio Lula da Silva said Friday that Earth can no longer sustain humanity's dependence on fossil fuels, and warned the climate fight could be lost without a rapid transition to cleaner energy. ... more |
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Glencore CEO defends "tough decisions" as unions lambast job cutsZug, Switzerland (AFP) May 28, 2025 The chief executive of Swiss mining and commodity trading giant Glencore said Wednesday the company had to make "tough decisions" as unions and NGOs criticised plans to cut down output and jobs. ... more
Trump loosens coal mining restrictions as part of efforts aimed at 'unleashing American energy'Washington DC (UPI) Apr 8, 2025 President Donald Trump on Tuesday signed four executive orders designed to make the United States "energy dominant" and "unleash" the nation's energy reserves, including coal. ... more
New coal capacity hit 20-year low in 2024: reportBangkok (AFP) April 3, 2025 The world added the smallest amount of new coal capacity in two decades last year, a report said Thursday, but use of the fossil fuel is still surging in China and India. ... more
Finland closes last coal-fired power plantHelsinki (AFP) April 1, 2025 Finnish energy company Helen said Tuesday it had closed the country's last active coal-fired power plant, ushering in "the end of the era of coal" for the Nordic country. ... more
Indonesia industrial coal power plans undercut emissions pledge: reportJakarta (AFP) Feb 20, 2025 Indonesia's planned expansion of "captive" coal plants used to power industry is threatening its pledge to cut CO2 emissions by 2030 and close all coal-fired plants by a decade later, said a report published Thursday. ... more |
China's 2024 coal projects threaten climate goals: report
Beijing (AFP) Feb 13, 2025 China began construction last year on projects with the greatest combined coal power capacity since 2015, jeopardising its goal to peak carbon emissions by 2030, according to a report published on Thursday. The world's second-largest economy is the biggest emitter of the greenhouse gases that drive climate change but is also a renewable energy powerhouse. It plans to reach net zero by 2060. Coal has been a pivotal energy source in China for decades but explosive growth in wind and solar installa ... read more
China's 2024 coal projects threaten climate goals: reportBeijing (AFP) Feb 13, 2025 China last year began construction on projects with the greatest combined coal power capacity since 2015, jeopardising the country's goal to peak carbon emissions by 2030, according to a report published Thursday. ... more |
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Record year for coal in 2024, world's hottest yearParis (AFP) Dec 18, 2024 World coal use is set to reach an all-time high in 2024, the International Energy Agency said Wednesday, in a year all but certain to be the hottest in recorded history. ... more
Indonesia's new coal phase-out goal sets 'daunting task'Jakarta (AFP) Dec 11, 2024 Meeting Indonesia's pledge to phase out coal power in just 15 years and reach net-zero emissions by mid-century is a "daunting task" that will require immediate and ambitious action, experts warn. ... more
In Bosnia, the path to renewables runs through its coal minesTuzla, Bosnia And Herzegovina (AFP) Nov 28, 2024 At 250 metres underground, the dust is thick and oxygen is in short supply at the Mramor mine in northeastern Bosnia. ... more
China expected to hit peak coal consumption in 2025: reportBeijing (AFP) Nov 27, 2024 China's coal consumption could peak by 2025 as the world's top consumer of the fossil fuel ramps up its push for clean energy, a report published on Wednesday said. ... more
Police arrest 170 after floating blockade of Australian coal portSydney (AFP) Nov 24, 2024 Australian police arrested 170 climate activists over the weekend after their floating blockade briefly disrupted activity at one of the world's largest coal ports. ... more |
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